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10-Q Filing

STOCK YARDS BANCORP, INC. CIK: 835324 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001437749-23-012736
Period End Date 20230331
Filing Date 20230505
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance sybt20230331_10q_htm.xml
Balance Sheet 97 line items
Line Item Tag Value Unit Period
Available for sale debt securities, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $1.27B USD Point-in-time
Available for sale debt securities, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $1.30B USD Point-in-time
Held to maturity debt securities, fair value HeldToMaturitySecuritiesFairValue $431.83M USD Point-in-time
Held to maturity debt securities, fair value HeldToMaturitySecuritiesFairValue $433.90M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and due from banks CashAndDueFromBanks $87.92M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Cash and due from banks CashAndDueFromBanks $82.52M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Federal funds sold and interest bearing due from banks FederalFundsSold $84.85M USD Point-in-time
Federal funds sold and interest bearing due from banks FederalFundsSold $229.08M USD Point-in-time
Common stock, no par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Common stock, no par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 40.00M shares Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $317.00M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $167.37M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 40.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 29.26M shares Point-in-time
Mortgage loans held for sale, at fair value LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $8.61M USD Point-in-time
Mortgage loans held for sale, at fair value LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $6.40M USD Point-in-time
Mortgage loans held for sale, at fair value LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $9.32M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 29.32M shares Point-in-time
Mortgage loans held for sale, at fair value LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $2.61M USD Point-in-time
Available for sale debt securities (amortized cost of $1,266,356 in 2023 and $1,297,977 in 2022, respectively) AvailableForSaleSecuritiesDebtSecurities $1.13B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 29.32M shares Point-in-time
Available for sale debt securities (amortized cost of $1,266,356 in 2023 and $1,297,977 in 2022, respectively) AvailableForSaleSecuritiesDebtSecurities $1.14B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 29.26M shares Point-in-time
Held to maturity debt securities (fair value of $433,900 in 2023 and $431,833 in 2022, respectively) HeldToMaturitySecurities $473.22M USD Point-in-time
Held to maturity debt securities (fair value of $433,900 in 2023 and $431,833 in 2022, respectively) HeldToMaturitySecurities $468.75M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $10.93M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $23.23M USD Point-in-time
Loans NotesReceivableGross $5.21B USD Point-in-time
Loans NotesReceivableGross $5.24B USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $73.53M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $75.67M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $53.90M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $67.07M USD Point-in-time
Net loans NotesReceivableNet $5.13B USD Point-in-time
Net loans NotesReceivableNet $5.17B USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $101.61M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $100.76M USD Point-in-time
Premises held for sale DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent $2.64M USD Point-in-time
Premises held for sale DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent $3.25M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $85.22M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $84.67M USD Point-in-time
Accrued interest receivable InterestReceivable $22.16M USD Point-in-time
Accrued interest receivable InterestReceivable $20.56M USD Point-in-time
Goodwill Goodwill $202.52M USD Point-in-time
Goodwill Goodwill $194.07M USD Point-in-time
Goodwill Goodwill $135.83M USD Point-in-time
Goodwill Goodwill $194.07M USD Point-in-time
Other assets OtherAssets $134.99M USD Point-in-time
Other assets OtherAssets $125.32M USD Point-in-time
Total assets Assets $7.67B USD Point-in-time
Total assets Assets $7.78B USD Point-in-time
Total assets Assets $7.50B USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $1.95B USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $1.85B USD Point-in-time
Interest bearing InterestBearingDepositLiabilities $4.51B USD Point-in-time
Interest bearing InterestBearingDepositLiabilities $4.44B USD Point-in-time
Total deposits Deposits $6.36B USD Point-in-time
Total deposits Deposits $6.39B USD Point-in-time
Securities sold under agreements to repurchase SecuritiesSoldUnderAgreementsToRepurchase $104.58M USD Point-in-time
Securities sold under agreements to repurchase SecuritiesSoldUnderAgreementsToRepurchase $133.34M USD Point-in-time
Federal funds purchased FederalFundsPurchased $14.74M USD Point-in-time
Federal funds purchased FederalFundsPurchased $8.79M USD Point-in-time
Subordinated debentures SubordinatedDebt $26.34M USD Point-in-time
Subordinated debentures SubordinatedDebt $26.44M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $50.00M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $275.00M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $1.03M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $660.00K USD Point-in-time
Other liabilities OtherLiabilities $125.44M USD Point-in-time
Other liabilities OtherLiabilities $94.29M USD Point-in-time
Total liabilities Liabilities $6.74B USD Point-in-time
Total liabilities Liabilities $6.87B USD Point-in-time
Commitments and contingent liabilities (Footnote 13) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Footnote 13) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,324,000 and 29,259,000 shares in 2023 and 2022, respectively CommonStockValue $58.58M USD Point-in-time
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,324,000 and 29,259,000 shares in 2023 and 2022, respectively CommonStockValue $58.37M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $382.39M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $377.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $454.34M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $439.90M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-115.54M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-100.94M USD Point-in-time
Total stockholders equity StockholdersEquity $794.37M USD Point-in-time
Total stockholders equity StockholdersEquity $760.43M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.67B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.50B USD Point-in-time
Income Statement 88 line items
Line Item Tag Value Unit Period
Loans, including fees InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $44.74M USD 1 Quarter
Loans, including fees InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $68.79M USD 1 Quarter
Federal funds sold and interest bearing due from banks InterestIncomeFederalFundsSold $1.58M USD 1 Quarter
Federal funds sold and interest bearing due from banks InterestIncomeFederalFundsSold $282.00K USD 1 Quarter
Mortgage loans held for sale InterestAndFeeIncomeLoansHeldForSaleMortgages $24.00K USD 1 Quarter
Mortgage loans held for sale InterestAndFeeIncomeLoansHeldForSaleMortgages $41.00K USD 1 Quarter
Federal Home Loan Bank stock InterestIncomeFederalHomeLoanBankStock $54.00K USD 1 Quarter
Federal Home Loan Bank stock InterestIncomeFederalHomeLoanBankStock $165.00K USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $8.45M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $4.68M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $201.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $447.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $49.98M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $79.47M USD 1 Quarter
Deposits InterestExpenseDeposits $1.17M USD 1 Quarter
Deposits InterestExpenseDeposits $13.50M USD 1 Quarter
Securities sold under agreements to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $17.00K USD 1 Quarter
Securities sold under agreements to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $456.00K USD 1 Quarter
Federal funds purchased and other short-term borrowings InterestExpenseFederalFundsPurchasedAndOtherShorttermBorrowing $3.00K USD 1 Quarter
Federal funds purchased and other short-term borrowings InterestExpenseFederalFundsPurchasedAndOtherShorttermBorrowing $177.00K USD 1 Quarter
Subordinated debentures InterestExpenseSubordinatedNotesAndDebentures $1.73M USD 1 Quarter
Subordinated debentures InterestExpenseSubordinatedNotesAndDebentures $33.00K USD 1 Quarter
Federal Home Loan Bank advances InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm - USD 1 Quarter
Federal Home Loan Bank advances InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm $529.00K USD 1 Quarter
Total interest expense InterestExpense $1.22M USD 1 Quarter
Total interest expense InterestExpense $16.39M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $63.07M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $48.76M USD 1 Quarter
Provision for credit losses ProvisionForLoanAndLeaseLossesAndOffbalanceSheetCreditRiskExposures $2.28M USD 1 Quarter
Provision for credit losses ProvisionForLoanAndLeaseLossesAndOffbalanceSheetCreditRiskExposures $2.62M USD 1 Quarter
Net interest income after provision expense InterestIncomeExpenseAfterProvisionForLoanLoss $46.48M USD 1 Quarter
Net interest income after provision expense InterestIncomeExpenseAfterProvisionForLoanLoss $60.45M USD 1 Quarter
Mortgage banking income FeesAndCommissionsMortgageBankingAndServicing $1.04M USD 1 Quarter
Mortgage banking income FeesAndCommissionsMortgageBankingAndServicing $1.00M USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $549.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $266.00K USD 1 Quarter
Gain (loss) on sale of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $-2.00K USD 1 Quarter
Gain (loss) on sale of premises and equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Total non-interest income NoninterestIncome $22.05M USD 1 Quarter
Total non-interest income NoninterestIncome $19.20M USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $21.90M USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $17.97M USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $5.05M USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $4.54M USD 1 Quarter
Net occupancy and equipment OccupancyNet $3.90M USD 1 Quarter
Net occupancy and equipment OccupancyNet $3.02M USD 1 Quarter
Technology and communication CommunicationsAndInformationTechnology $3.42M USD 1 Quarter
Technology and communication CommunicationsAndInformationTechnology $4.25M USD 1 Quarter
Debit and credit card processing DebitAndCreditCardProcessingFee $1.34M USD 1 Quarter
Debit and credit card processing DebitAndCreditCardProcessingFee $1.42M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $772.00K USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $1.09M USD 1 Quarter
Postage, printing and supplies SuppliesAndPostageExpense $733.00K USD 1 Quarter
Postage, printing and supplies SuppliesAndPostageExpense $874.00K USD 1 Quarter
Legal and professional LegalFees $650.00K USD 1 Quarter
Legal and professional LegalFees $797.00K USD 1 Quarter
FDIC insurance FederalDepositInsuranceCorporationPremiumExpense $645.00K USD 1 Quarter
FDIC insurance FederalDepositInsuranceCorporationPremiumExpense $1.14M USD 1 Quarter
Amortization of investments in tax credit partnerships AmortizationOfInvestmentInTaxCreditPartnerships $88.00K USD 1 Quarter
Amortization of investments in tax credit partnerships AmortizationOfInvestmentInTaxCreditPartnerships $323.00K USD 1 Quarter
Capital and deposit based taxes TaxesExcludingIncomeAndExciseTaxes $639.00K USD 1 Quarter
Capital and deposit based taxes TaxesExcludingIncomeAndExciseTaxes $518.00K USD 1 Quarter
Merger expenses BusinessCombinationAcquisitionRelatedCosts - USD 1 Quarter
Merger expenses BusinessCombinationAcquisitionRelatedCosts $19.50M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $1.18M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $713.00K USD 1 Quarter
Other OtherNoninterestExpense $2.39M USD 1 Quarter
Other OtherNoninterestExpense $2.75M USD 1 Quarter
Total non-interest expenses NoninterestExpense $56.30M USD 1 Quarter
Total non-interest expenses NoninterestExpense $45.31M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $37.18M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $9.39M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.45M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $8.13M USD 1 Quarter
Net income ProfitLoss $29.05M USD 1 Quarter
Net income ProfitLoss $7.94M USD 1 Quarter
Less income attributed to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $36.00K USD 1 Quarter
Less income attributed to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income available to stockholders NetIncomeLossAvailableToCommonStockholdersBasic $7.91M USD 1 Quarter
Net income available to stockholders NetIncomeLossAvailableToCommonStockholdersBasic $29.05M USD 1 Quarter
Net income per common share - basic (in dollars per share) EarningsPerShareBasic $0.29 USD 1 Quarter
Net income per common share - basic (in dollars per share) EarningsPerShareBasic $1.00 USD 1 Quarter
Net income per common share - diluted (in dollars per share) EarningsPerShareDiluted $0.99 USD 1 Quarter
Net income per common share - diluted (in dollars per share) EarningsPerShareDiluted $0.29 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 27.23M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 29.18M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.48M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 29.36M shares 1 Quarter
Cash Flow Statement 106 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $29.05M USD 1 Quarter
Net income ProfitLoss $7.94M USD 1 Quarter
Provision for credit losses ProvisionForLoanAndLeaseLossesAndOffbalanceSheetCreditRiskExposures $2.28M USD 1 Quarter
Provision for credit losses ProvisionForLoanAndLeaseLossesAndOffbalanceSheetCreditRiskExposures $2.62M USD 1 Quarter
Depreciation, amortization and accretion, net DepreciationAmortizationAndAccretionNet $5.88M USD 1 Quarter
Depreciation, amortization and accretion, net DepreciationAmortizationAndAccretionNet $4.04M USD 1 Quarter
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $2.26M USD 1 Quarter
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $1.23M USD 1 Quarter
Gain on sale of mortgage loans held for sale GainLossOnSaleOfMortgageLoans $92.00K USD 1 Quarter
Gain on sale of mortgage loans held for sale GainLossOnSaleOfMortgageLoans $215.00K USD 1 Quarter
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $35.83M USD 1 Quarter
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $24.68M USD 1 Quarter
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $38.77M USD 1 Quarter
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $21.11M USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $549.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $266.00K USD 1 Quarter
Loss on the disposal of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $-2.00K USD 1 Quarter
Loss on the disposal of premises and equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Stock compensation expense ShareBasedCompensation $1.15M USD 1 Quarter
Stock compensation expense ShareBasedCompensation $991.00K USD 1 Quarter
Excess tax expense (benefit) from share-based compensation arrangements SharebasedPaymentArrangementExpenseExcessTaxBenefit $643.00K USD 1 Quarter
Excess tax expense (benefit) from share-based compensation arrangements SharebasedPaymentArrangementExpenseExcessTaxBenefit $-493.00K USD 1 Quarter
Net change in accrued interest receivable and other assets IncreaseDecreaseInAccruedInterestReceivableNet $-6.40M USD 1 Quarter
Net change in accrued interest receivable and other assets IncreaseDecreaseInAccruedInterestReceivableNet $-3.66M USD 1 Quarter
Net change in accrued interest payable and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-21.31M USD 1 Quarter
Net change in accrued interest payable and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-31.02M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.76M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $3.52M USD 1 Quarter
Purchases of available for sale debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $21.97M USD 1 Quarter
Purchases of available for sale debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt - USD 1 Quarter
Proceeds from sales of acquired available for sale debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 1 Quarter
Proceeds from sales of acquired available for sale debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.11M USD 1 Quarter
Proceeds from maturities and paydowns of available for sale debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $30.68M USD 1 Quarter
Proceeds from maturities and paydowns of available for sale debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $44.74M USD 1 Quarter
Purchases of held to maturity debt securities PaymentsToAcquireHeldToMaturitySecurities - USD 1 Quarter
Purchases of held to maturity debt securities PaymentsToAcquireHeldToMaturitySecurities $459.18M USD 1 Quarter
Proceeds from maturities and paydowns of held to maturity debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $4.50M USD 1 Quarter
Proceeds from maturities and paydowns of held to maturity debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $96.30M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $12.30M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock - USD 1 Quarter
Net change in non-PPP loans PaymentsForProceedsFromLoansAndLeasesExcludingLoansHeldforInvestment $115.28M USD 1 Quarter
Net change in non-PPP loans PaymentsForProceedsFromLoansAndLeasesExcludingLoansHeldforInvestment $47.28M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $946.00K USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.83M USD 1 Quarter
Proceeds from sale or disposal of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $103.00K USD 1 Quarter
Proceeds from sale or disposal of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Other investment activities PaymentsForProceedsFromOtherInvestingActivities $255.00K USD 1 Quarter
Other investment activities PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Proceeds from sales of other real estate owned ProceedsFromSaleOfForeclosedAssets - USD 1 Quarter
Proceeds from sales of other real estate owned ProceedsFromSaleOfForeclosedAssets $56.00K USD 1 Quarter
Cash from acquisition, net of cash paid PaymentsToAcquireBusinessesNetOfCashAcquired $-349.46M USD 1 Quarter
Cash from acquisition, net of cash paid PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-35.34M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-17.34M USD 1 Quarter
Net change in deposits IncreaseDecreaseInDeposits $-162.53M USD 1 Quarter
Net change in deposits IncreaseDecreaseInDeposits $-34.06M USD 1 Quarter
Net change in securities sold under agreements to repurchase and federal funds purchased IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet $-994.00K USD 1 Quarter
Net change in securities sold under agreements to repurchase and federal funds purchased IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet $-22.81M USD 1 Quarter
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankAdvances - USD 1 Quarter
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankAdvances $700.00M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $475.00M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings - USD 1 Quarter
Repayment of acquired line of credit RepaymentsOfLinesOfCredit $3.20M USD 1 Quarter
Repayment of acquired line of credit RepaymentsOfLinesOfCredit - USD 1 Quarter
Share repurchases related to compensation plans ProceedsFromPaymentsForStockAwards $-2.37M USD 1 Quarter
Share repurchases related to compensation plans ProceedsFromPaymentsForStockAwards $-2.62M USD 1 Quarter
Cash disbursements to non-controlling interest ProceedsFromPaymentsToMinorityShareholders - USD 1 Quarter
Cash disbursements to non-controlling interest ProceedsFromPaymentsToMinorityShareholders $-53.00K USD 1 Quarter
Cash dividends paid PaymentsOfDividends $8.56M USD 1 Quarter
Cash dividends paid PaymentsOfDividends $8.29M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-177.68M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $157.21M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-209.50M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $149.63M USD 1 Quarter
Beginning cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $751.69M USD Point-in-time
Beginning cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $167.37M USD Point-in-time
Beginning cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $961.19M USD Point-in-time
Beginning cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $317.00M USD Point-in-time
Ending cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $751.69M USD Point-in-time
Ending cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $167.37M USD Point-in-time
Ending cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $961.19M USD Point-in-time
Ending cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $317.00M USD Point-in-time
Interest paid InterestPaidNet $1.19M USD 1 Quarter
Interest paid InterestPaidNet $16.03M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet - USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet - USD 1 Quarter
Cash paid for operating lease liabilities OperatingLeasePayments $1.07M USD 1 Quarter
Cash paid for operating lease liabilities OperatingLeasePayments $853.00K USD 1 Quarter
Unfunded commitments in tax credit investments UnfundedCommitmentsInTaxCreditInvestments $6.26M USD 1 Quarter
Unfunded commitments in tax credit investments UnfundedCommitmentsInTaxCreditInvestments $3.13M USD 1 Quarter
Dividends payable to stockholders AccrualOfDividendsPayableNoncash $158.00K USD 1 Quarter
Dividends payable to stockholders AccrualOfDividendsPayableNoncash $159.00K USD 1 Quarter
Premises and equipment transferred to premises held for sale TransferOfPremisesAndEquipmentToPremisesHeldForSale $715.00K USD 1 Quarter
Premises and equipment transferred to premises held for sale TransferOfPremisesAndEquipmentToPremisesHeldForSale - USD 1 Quarter
Fair value of assets acquired FairValueOfAssetsAcquired $1.40B USD 1 Quarter
Fair value of assets acquired FairValueOfAssetsAcquired - USD 1 Quarter
Cash paid in acquisition PaymentsToAcquireBusinessesGross - USD 1 Quarter
Cash paid in acquisition PaymentsToAcquireBusinessesGross $30.99M USD 1 Quarter
Common stock issued in acquisition StockIssued1 $133.82M USD 1 Quarter
Common stock issued in acquisition StockIssued1 - USD 1 Quarter
Non-controlling interest of acquired entity NoncashOrPartNoncashAcquisitionNoncontrollingInterestAcquired - USD 1 Quarter
Non-controlling interest of acquired entity NoncashOrPartNoncashAcquisitionNoncontrollingInterestAcquired $3.09M USD 1 Quarter
Total consideration paid BusinessCombinationConsiderationTransferred1 $167.91M USD 1 Quarter
Total consideration paid BusinessCombinationConsiderationTransferred1 - USD 1 Quarter
Liabilities assumed LiabilitiesAssumed1 - USD 1 Quarter
Liabilities assumed LiabilitiesAssumed1 $1.24B USD 1 Quarter
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $761.22M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $675.87M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $760.43M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $794.37M USD Point-in-time
Net income ProfitLoss $29.05M USD 1 Quarter
Net income ProfitLoss $7.94M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-49.66M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $14.59M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.15M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $991.00K USD 1 Quarter
Stock issued for share-based awards, net of withholdings to satisfy employee tax obligations StockIssuedForSharebasedAwardsNetOfWithholdingsToSatisfyEmployeeTaxObligations $-2.34M USD 1 Quarter
Stock issued for share-based awards, net of withholdings to satisfy employee tax obligations StockIssuedForSharebasedAwardsNetOfWithholdingsToSatisfyEmployeeTaxObligations $-2.37M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $8.49M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $8.17M USD 1 Quarter
Shares cancelled SharesCancelledValue $-273.00K USD 1 Quarter
Shares cancelled SharesCancelledValue $1.00K USD 1 Quarter
Stock issued for Commonwealth acquisition StockIssuedDuringPeriodValueAcquisitions $133.82M USD 1 Quarter
Non-controlling interest of acquired entity NoncontrollingInterestIncreaseFromContributions $3.09M USD 1 Quarter
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $53.00K USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $761.22M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $675.87M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $760.43M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $794.37M USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $29.05M USD 1 Quarter
Net income ProfitLoss $7.94M USD 1 Quarter
Change in unrealized gain (loss) on AFS debt securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-65.38M USD 1 Quarter
Change in unrealized gain (loss) on AFS debt securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $18.86M USD 1 Quarter
Change in fair value of derivatives used in cash flow hedge OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $494.00K USD 1 Quarter
Change in fair value of derivatives used in cash flow hedge OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax - USD 1 Quarter
Total other comprehensive income (loss), before income tax effect OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-65.38M USD 1 Quarter
Total other comprehensive income (loss), before income tax effect OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $19.35M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossTax $-15.72M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossTax $4.76M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-49.66M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $14.59M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $43.64M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-41.72M USD 1 Quarter
Less comprehensive income attributed to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $36.00K USD 1 Quarter
Less comprehensive income attributed to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income (loss) available to stockholders ComprehensiveIncomeNetOfTax $43.64M USD 1 Quarter
Comprehensive income (loss) available to stockholders ComprehensiveIncomeNetOfTax $-41.75M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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